For those who have financed their Teslas directly through Tesla (e.g., not a third-party bank), are you able to pre-pay your monthly payments in advance to skip the ensuing payments until your pre-payment balance is completed?
- Assume I have a $500/month payment.
- I make a $1,500 payment in January.
- Will I not owe a payment in February and March (because Tesla Finance will deduct it from my $1,500 payment), then resume my regular monthly payment in April?
- Or, will Tesla Finance apply that $1,500 to the principal and still hold you responsible for the monthly payment amount?